Uber Q3 2022 earnings


Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019.

Philip Pacheco | AFP via Getty Images

Uber reported a third-quarter loss Tuesday but beat analysts’ estimates for revenue and gave strong fourth-quarter guidance. Its shares closed the day up 11% .

Here’s how the company did:

  • Loss per share: 61 cent loss vs. 22 cent loss expected by analysts, according to Refinitiv.
  • Revenue: $8.34 billion vs. $8.12 billion expected by analysts, according to Refinitiv.

Uber reported a net loss of $1.2 billion for the third quarter, $512 million of which was attributed to revaluations of Uber’s equity investments, according to a company release….

Source cnbc.com

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